IBM partners with Nestle, Unilever and other food giants to trace food contamination with blockchain

in #bitcoin7 years ago

From CNBC

IBM has been joined by a group of global food giants including the likes of Nestle, Unilever and Walmart in an effort to reduce food contamination by using blockchain.

The corporation announced Tuesday that it would enable global food businesses to use its blockchain network to trace the source of contaminated produce.

One in ten people succumb to illness every year due to contaminated food, according to the World Health Organization. Earlier this month a summit was called by the European Union's food safety commissioner, after a contamination scare over eggs infected with the pesticide fipronil.

IBM said that the problem of consumer health suffering at the hands of toxic food could be solved using its distributed ledger technology, which maintains a digital record of transactions rather than a physical one.

It would enable food suppliers to source information about the origin, condition and movement of food, and to trace contaminated produce in mere seconds.

Transparency

"The whole opportunity that we share is to provide transparency across the ecosystem today," Brigid McDermott, IBM's vice president for blockchain business development, told CNBC over the phone.

IBM's blockchain specialist said that building a blockchain network meant providing both a "brilliant solution" and a "growing ecosystem".

Read more here: https://www.cnbc.com/2017/08/22/ibm-nestle-unilever-walmart-blockchain-food-contamination.html


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This is some big news to the blockchain technology awareness.
Btw i like your username xD im gonna check up your content and upvote the ones i like, keep up the good work

Contentjunkie, great post. This will indeed help insure a good food supply. Upvoted and resteemed.

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